Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX−0.050%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1241.240% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)−0.115%−$11 · spread now −0.050%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.046% cheaper against OKX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZRX-USDT-SWAP | 0.1197 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $533K | $241K | 20x |
| Short | Bitget ZRXUSDT | 0.1196 | 0.0100 | get 0.0050% / 4h | 1h 43m | $582K | $128K | 50x |
OKX ZRX-USDT-SWAP
Bitget ZRXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.050% → −0.004%
- −$4.57
- Slippage, 4 orders
- −$101.96
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$128.54
- Costs to cover
- 1.240%
- Break-even
- never at this rate
Slippage from OKX: live order book, 37 min ago; Bitget: live order book, 36 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 37 min ago | 0.84 bp | 35.5 bp −$36 | 6053.5 bp −$60.5K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 36 min ago | 8.38 bp | 22.5 bp −$22 | 69.0 bp −$690 | doesn't fit | doesn't fit |
ZRX on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZRXUSDT | −0.0151% | 8h | 0.1197 | +0.025% | $1.4M | $332K | 25x | as long as short |
| KuCoin ZRXUSDTM | −0.0052% | 4h | 0.1195 | −0.134% | $331K | $57K | 30x | as long as short |
| Kraken Futures PF_ZRXUSD | +0.0034% | 1h | 0.1202 | +0.433% | $40K | $2K | 10x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1197 | +0.033% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAPlong | +0.0100% | 4h | 0.1197 | long leg | $533K | $241K | 20x | |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1196 | −0.017% | $147K | $40K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1197 | +0.033% | $913K | $164K | 50x | as long as short |
| Bitget ZRXUSDTshort | +0.0100% | 4h | 0.1196 | −0.050% | $582K | $128K | 50x | |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1198 | +0.117% | — | $2.3M | — | as long as short |
| Variational Omni ZRX | +0.0100% | 8h | 0.1192 | −0.365% | $29K | $35K | — | as long as short |
Bybit ZRXUSDT
KuCoin ZRXUSDTM
Kraken Futures PF_ZRXUSD
Binance ZRXUSDT
Gate ZRX_USDT
MEXC ZRX_USDT
BingX ZRX-USDT
Variational Omni ZRXShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0143% | 4h | 0.1192 | −0.384% | $95K | $19K | 50x | as long as short |
BloFin ZRX-USDT